Form 4: STAG Industrial Director Acquires Shares in Lieu of Quarterly Fees
SEC Form 4 Filing
Virgis Colbert, a director at STAG Industrial, acquired 483 shares of common stock in lieu of $16,250 in quarterly fees.
Summary
- On April 15, 2025, Virgis Colbert, a director of STAG Industrial, Inc., acquired 483 shares of common stock.
- The acquisition was made in lieu of quarterly fees of $16,250 for Colbert's services as a director.
- The shares were issued under STAG Industrial's 2011 Equity Incentive Plan, as amended.
- The share price was valued at $33.60, based on the average closing price for the 10-day period ending April 10, 2025.
- Following the transaction, Colbert beneficially owns 20,838 shares of STAG Industrial.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. A director taking shares in lieu of cash compensation can be seen as a positive sign of confidence in the company's future.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
- Using equity in lieu of cash preserves cash for the company.
Future Outlook
There is no future outlook provided in this document.
Industry Context
Director share acquisitions are common in publicly traded companies as part of compensation packages and can be seen as a positive signal to the market.
Related Party Transactions
- The issuance of shares to Virgis Colbert, a director, in lieu of quarterly fees is a related party transaction.
Stakeholder Impact
- Shareholders may view the director's share acquisition positively.
- The company preserves cash by issuing shares instead of paying cash fees.
Key Dates
| Date | Description |
|---|---|
| 04/10/2025 | End date for the 10-day period used to calculate the average closing price of the shares. |
| 04/15/2025 | Date of the transaction where Virgis Colbert acquired shares. |
Keywords
STAG Industrial, Director, Share Acquisition, Equity Incentive Plan, Form 4, Beneficial Ownership
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